MINNEAPOLIS--(BUSINESS WIRE)--Sep. 27, 2012--
Money magazine has named U.S. Bank the best national bank in
America for its basic checking and savings, student checking and senior
checking accounts. The “Best Banks in America” story is in the October
2012 issue of Money.
Money credited U.S. Bank’s broad retail banking network –
fourth-largest in the country – combined with how easy it is for U.S.
Bank customers to waive the monthly maintenance fee. The magazine also
credited U.S. Bank for offering advanced features such as the ability
for customers to deposit a check from their mobile phone or tablet.
U.S. Bank also topped Money’s charts for student and senior checking.
The magazine noted that student checking accounts have no monthly
maintenance fees, robust mobile banking and a large ATM network, which
they weighted heavier for the student category because students rely
heavily on the ATM. U.S. Bank’s senior checking earned top honors
because seniors have U.S. Bank’s Premium checking account with no
monthly maintenance fees, no fees for using another bank’s ATM, and free
money orders, free cashier’s checks and a discount on safe deposit boxes.
“Our goal has always been to give customers the best service, value and
convenience of any other bank in the country,” said Rick Hartnack, vice
chairman for consumer and small business banking at U.S. Bank. “We
continuously review our consumer products and services, and this
recognition from Money magazine is another sign that we are
delivering what our customers want from their bank.”
This is the second year in a row that U.S. Bank earned top honors from Money
for its basic checking account.
About U.S. Bank
U.S. Bancorp (NYSE: USB), with $353 billion
in assets as of June 30, 2012, is the parent company of U.S. Bank
National Association, the fifth-largest commercial bank in the United
States. The company operates 3,080 banking offices in 25 states and
5,085 ATMs and provides a comprehensive line of banking, brokerage,
insurance, investment, mortgage, trust and payment services products to
consumers, businesses and institutions. U.S. Bancorp and its employees
are dedicated to improving the communities they serve, for which the
company earned the 2011 Spirit of America Award, the highest honor
bestowed on a company by United Way. Visit U.S. Bancorp on the web at www.usbank.com.
Source: U.S. Bank
Teri Charest, U.S. Bank Media Relations, 612-303-0732